British holiday parks are in a post-Brexit boom as we favour staying home over breaks abroad

BRITISH holiday parks such as those which host Sun Holidays from £9.50 are in a Brexit boom.

Families are picking a “staycation” in the aftermath of the EU referendum.

The fall in the Pound against the euro has made foreign breaks dearer.

Turnover at the 100 largest caravan, camping and holiday parks rocketed 9  per cent to £2.67billion last year.

It was £2.46billion five years ago, says commercial lender Ortus Secured Finance.

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Boss John Salisbury said: “Caravan, camping and holiday parks are going from strength to strength.”

He said they combine good value and quality facilities and have been building on a “broader customer base” since the 2008 recession, which triggered the staycation trend.

Recent buy-outs also show holiday parks are thriving.

In December, a Canadian private equity firm paid £1.35billion for biggest caravan operator Parkdean Resorts. Park Leisure, which has ten sites, went for £103million.

Park Holidays, the fourth largest caravan operator, sold for £362million.

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